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View Full Version : Brazil Real Climbs on Bet Europe Will Act to Shield Banks From Debt Crisis - Bloomber



NewsWhore
10-05-2011, 12:00 PM
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Brazil Real Climbs on Bet Europe Will Act to Shield Banks From Debt Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFui0Dbd8wdtHEy-TA4X1aCu4UGhw&url=http://www.bloomberg.com/news/2011-10-05/brazil-real-climbs-on-bet-europe-will-act-to-shield-banks-from-debt-crisis.html)
Bloomberg
Brazil&#39;s central bank sees no reason why the real should fall against the dollar more than other currencies and will use currency swap contracts to combat such market distortions, the newspaper Valor Economico reported, without saying how it got the ...

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